The top managers of Promedium Inc. are creating a master budget for the company. They require a statement of the budget goals from each of its departments to be able to make an appropriate master budget. Karren, the manager of the sales department, overstates her needs in the budget and presents the statement to the top managers. The outcome of Karren's actions is known as _____.

Answers

Answer 1
Answer:

Answer:

budget slack.

Explanation:

A budget slack refers to a deliberate over estimation of expenses or under estimation of revenues. Either way, the person presenting the budget will try to lower their estimated profit or try to obtain more money for their department or division.  

In this case, Karren is over estimating the expenses of her department. Probably she wishes to receive a larger amount of money in order to increase her department's activities. If she is able to pull it out, she will receive the credit for increasing sales, but if her department is not able to increase total sales even with a larger budget, it will be her responsibility.


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Which of the following laws grants you the right to know what is in your credit file? A. Fair Credit Reporting Act B. Truth-in-Lending Act C. Credit Card Act of 2009 D. Fair Credit Billing Act
Advise florence and her team on how they can convince the staff using john kotters theory to lead change
Which of the following statements about the consumption component of GDP is not​ correct? A. Since​ 1960, the consumption component of GDP has generally increased as a fraction of GDP. B. The consumption component of GDP in the U.S. is greater than all three of the other components​ (government, investment, and net​ exports) combined. C. Consumption as a fraction of total GDP in the U.S. is larger compared to all other high income nations in the world. D. Spending on services is smaller than the amount of consumption spending on durable and nondurable goods.
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econ The presence of secondary markets ______________ the interest rates that firms have to pay on bonds issued by them.

Answers

Answer:

decrease

Explanation:

Secondary markets decrease the interest rates that organizations have to pay on issued bonds. With the presence of secondary markets, companies that issue bond can then pay lower rates of interest and still sell the entire bonds needed. What the secondary market does is that it bids up the bonds price above their face values. This therefore makes interest that will be paid a lower percentage, and thus leads to lower ROI and yield.

Subordinates of managers who experience positive moods at work tend to _________ than subordinates of managers with negative moods.

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They tend to perform better. Motivation and encouragemnt are always better tools in management than being negative.

In circumstances dealing with poverty, the term ______ means taking income from those with higher incomes and providing income to those with lower incomes.

Answers

Answer:

Redistribution or income redistribution

Explanation:

Income redistribution or redistribution is a economy practice aimed to balance the distribution of income in  a society though strategies or mechanisms which allow transferring of incomes from high-income earners to those with lower incomes.

As was mentioned before, there are some strategies such as progressive taxation to make the income redistribution, which consists of people with higher incomes pay higher taxes and low income earners pay a lower tax rate.

I hope it helps you

Geoff rents an apartment with a monthly rent of $850. He owns the furniture in the apartment, which is worth $3,500, and he owns his car, which is worth $6,000. Geoff has a balance of $1,225 on his credit card and has $3,560 in a savings account.

Answers

Answer:

D. the credit card

Explanation:

took test on edge 2021

Are you asking about the total costs of living that Geoff have?
He owns a furniture in the apartment which is worth 3500 dollars and car which is worth 6000 dollars
=> 3500 + 6000 = 9500 dollars.
He also have a savings of 3560 dollars
=> 9500 + 3560 = 13,060 dollars.
now, he pays 850 dollars for rent and 1225 dollars for his credit card
=> 1225 + 850 = 2075
=> 13,060 dollars. - 2075= -10985 dollars.

Darlene owns stock in several different companies. When she received a dividend check from her Avatar stock, she endorsed the checks and deposited the money in her daughter's checking account. Consequently, her daughter will be assessed the tax on the dividends.1. True
2. false:

Answers

Answer:

The answer is  False

Explanation:

Darlene will be the one assessed tax on dividends,  tax if charged in daughter's account will result in double taxing

Specialization:A.leads to greater self-sufficiency.
B.can lead to an increase in overall production.
C.allows workers to develop skills by working on a large number of tasks
D.is always the result of an inefficient use of resources

Answers

Answer: Option B

       

Explanation: In simple words, specialization refers to being focused and expert in performing a specific activity. An individual or firm having specialization in their business operations could produce more of their goods or services in the limited resources.

The specialization in one department or activity benefits the whole organisation. For example - If the marketing department have specialization in their activities then the production department and sales department both will more more efficiently due to higher work load.

Hence from the above we can conclude that the correct option is B.

Final answer:

Specialization is a process where entities focus their production efforts on a narrow range of goods or services. It can lead to increased productivity but doesn't support greater self-sufficiency, as it often makes entities more dependent on others. Also, it doesn't allow individuals to develop a broad range of skills but rather enhances their capacities in a specific field.

Explanation:

Specialization refers to the process where individuals, businesses, or countries focus on producing a limited scope of goods or services to gain greater efficiency and productivity. Looking at the provided choices:

  • A. leads to greater self-sufficiency. - Specialization does not necessarily lead to greater self-sufficiency. Instead, it often means that entities are more dependent on others for goods or services outside their specialization.
  • B. can lead to an increase in overall production. - This is generally true. By focusing on what they can do best, workers, businesses, and countries can produce more effectively and efficiently.
  • C. allows workers to develop skills by working on a large number of tasks - The opposite is generally true for specialization. When specializing, workers focus on a limited number of tasks, enhancing their skills in a specific area rather than a broad range.
  • D. is always the result of an inefficient use of resources - This is not typically accurate. In many cases, specialization is a result of the efficient use of resources.

Learn more about specialization here:

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